by Jane Richey | May 2, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Sunday marked the three-year anniversary since the Senate last passed a budget. April 29 was the record 1,096th day without a federal budget since passing a budget was required by law in 1974. Normally, each house of Congress passes its own budget, reconciles the...
by Jane Richey | May 1, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Eight Pennsylvania entities that received more than $10 million in federal stimulus money failed to complete mandatory quarterly reports showing how the money was spent. The eight recipients — cities, counties, nonprofits and companies in the Keystone State — are...
by Jane Richey | May 1, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
In a Mar. 16 memorandum, Energy Secretary Steven Chu outlined plans to restructure the marketing of federal hydropower operations in an effort to advance the Obama administration’s green energy agenda, which apparently would raise electricity costs, critics charged on...
by Jane Richey | May 1, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
In fiscal year 2011, Harvard University’s tax-exempt endowment jumped in value by about $4.17 billion, rising from $27,557,404,000 to $31,728,080,000–but that did not stop Harvard from collecting tuition and fees derived from federal grants and student loans...
by Jane Richey | May 1, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
From the Derrick: Oil City school lunches are due for a big makeover, thanks to a new federal bill aimed at reducing childhood obesity. And while the goal is lofty, the cost is also high. “The new initiative will costs us $57,000 more a year to feed our kids,” said...
by Jane Richey | May 1, 2012 | Fiscal Responsibility, Free Markets
Delta Air Lines is doing what anybody with a huge gas bill dreams of doing – buying an oil refinery to make its own fuel. Delta said Monday that it will pay $150 million for a refinery near Philadelphia that is being sold by division of ConocoPhillips....
